Bangladesh, June 22 -- In a controversial and potentially precedent-setting move, the European Union is reportedly preparing to funnel billions in profits from frozen Russian sovereign assets into high-yield investment schemes to bolster Ukraines wartime economy. The proposal, revealed by Politico on June 19, signals a growing sense of urgency within the bloc to sustain financial support for Kyiv amid waning US aid, growing domestic budgetary constraints, and internal political challenges. But the strategy also marks a notable gamble – one that could test the limits of international law, investor confidence, and EU unity.

Following Russias invasion of Ukraine in February 2022, Western powers imposed a sweeping package of sanctions ...